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Binance lists BitMine stock holding 5.54M ETH; XRP ETFs see record inflows despite asset drop; Japan's new law favors Shiba Inu.

Market News
11 Jun 2026
UToday
View Source
Bullish
pluang ai news

Binance launched equity trading by listing BitMine stock, notable for holding 5.54 million ETH, nearly 5% of global supply. Despite XRP ETF assets falling below $1 billion, institutional investors continue buying XRP, pushing cumulative inflows to a record $1.43 billion. Japan passed a law to treat cryptocurrencies like stocks by 2027, reducing crypto profit tax to 20%, benefiting Shiba Inu (SHIB) which is already on Japan's trusted asset list. Meanwhile, Bitcoin faces pressure from inflation and macroeconomic factors, hitting a four-month low amid shifting institutional capital towards AI stocks.

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